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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10087.51 -191.24
NASDAQ: 1908.15 -38.56
S&P 500: 1142.62 -19.43
AMEX: 1425.38 -19.12
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street ends bleak week with sharp drop
Stocks tumbled Friday, dragging the market to its lowest level in over five
months, as disappointing earnings from high-tech bellwether IBM increased
investors�?T concerns about a slowdown in the U.S. economy and made Wall Street
more nervous about a slew of earnings reports due next week.
http://msnbc.msn.com/id/3683270/
Economic reports hint at a soft spot
A report of surprisingly weak retail sales in March were seen by some analysts
as evidence of an oil-induced economic soft spot and helped send stock prices
down sharply for the week to their lowest levels of the year.
http://msnbc.msn.com/id/7516492/
Gas prices weigh on U.S. consumers
U.S. consumers felt less confident about economic conditions in April than in
March as gasoline prices soared, reinforcing nascent concerns that growth in
the United States may be on the brink of a slowdown.
http://msnbc.msn.com/id/7514886/
Time's running out to meet tax deadline
At bustling post offices and their own keyboards, Americans by the millions
played their annual game of Beat the Clock on Friday, racing to file tax
returns by midnight.
http://msnbc.msn.com/id/7514460/
General Electric profit up amid strong sales
General Electric Co. said Friday that first-quarter profit rose 25 percent from
a year ago, with nine of the company's 11 businesses delivering at least
double-digit earnings growth.
http://msnbc.msn.com/id/7513183/
Citigroup earnings helped by investment banking
Citigroup Inc., the world's largest financial services firm, said Friday that
first-quarter earnings rose 3 percent from a year ago, helped by 10 percent
growth in corporate and investment banking revenue.
http://msnbc.msn.com/id/7513190/
White House � may ease �?~downer cattle�?T ban
The Bush administration said Friday it may allow some injured cattle to be
slaughtered for human food, easing a regulation that the Agriculture Department
adopted 15 months ago after the nation's first case of mad cow disease.
http://msnbc.msn.com/id/7516892/
Answer Desk: Why are credit card rates so high?
With credit card rates topping 20 percent for some customers, Charles in Ohio
wants to know why consumers can�?Tt get some relief. Unfortunately, about the
only relief in sight is for the credit card companies.
http://msnbc.msn.com/id/3403854/
Raytheon tries to settle probe, puts CFO on leave
Raytheon Co. puts its chief financial officer on leave and said it is offering
$51 million to settle a federal probe of its accounting practices and a
separate class-action lawsuit.
http://msnbc.msn.com/id/7516938/
After 50 years, influence of McDonald�?Ts still felt
The Golden Arches are everywhere �?" and it started 50 years ago Friday, when a
milkshake machine salesman opened his first McDonald�?Ts in this Chicago suburb
and began turning a small chain of hamburger stands into an empire that would
include 30,000 restaurants, serve 50 million people a day, and become a symbol
of the United States all over the world.
http://msnbc.msn.com/id/7501092/
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